Fxcm Broker

Meanwhile, the stock exchange listing increases transparency, as the company publishes annual reports. FXCM was founded in Find your safe broker.

Toggle navigation. Dec Gergely K. All reviews and top lists updated for Check out the annual BrokerChooser Awards. Recommended for forex traders looking for easy account opening, funding and withdrawal Open account Overall Rating.

Compare to best alternative. Compare to other brokers. Author of this review. His aim is to make personal investing crystal clear for everybody.

Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely is the co-founder and CPO of Brokerchooser. Our readers say. I just wanted to give you a big thanks! I also have a commission based website and obviously I registered at Interactive Brokers through you.

Especially the easy to understand fees table was great! Dion Rozema. FXCM review Fees. FXCM has average trading and non-trading fees.

Trading fees occur when you trade. These can be commissions , spreads , financing rates and conversion fees.

Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. To have a clear overview of FXCM, let's start with the trading fees.

The leverage we used was: for forex for stock index CFDs These catch-all benchmark fees includes spreads, commissions and financing costs for all brokers.

Forex fees FXCM forex fees are mostly average. FXCM review Account opening. Also, the account opening time is longer than usual.

Where do you live? Lucia St. FXCM review Deposit and withdrawal. There are multiple options both for deposits and withdrawals, but bank withdrawals have high fees and only a few account currencies are available.

This account base currency selection lags behind the competitors. You can only deposit money from accounts that are in your name.

Want to stay in the loop? These are all best for advanced traders due to the limited information available on their use.

The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues.

You also cannot use the research function within the platform, requiring traders to go between the platform and a browser.

To make up for this, the platform is available in your choice of 14 languages. Trading Station keeps up with the pre-loaded Marketscope, which is a free professional charting package allowing for a long list of indicators, up-to-date price alerts, and trading right from the chart.

There are also Real Volume indicators pre-loaded. In addition to the Real Volume indicators, Trading Station from FXCM has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels.

There are dozens of other tools as well, including automated strategies. To assist with these strategies, the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer.

The mobile application is as easy to use as the web version of FXCM, which is complete with the option to bring dynamic charts to full screen for convenience.

The only downside is a lack of customization in the applications, and there is no additional security, just the login password. You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality.

Pricing with FXCM is reasonable, although not the best you will find. Keep in mind that these are averages, so the spread may be higher or lower at any given point.

Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and business days for international ones.

Deposits via Skrill typically arrive within a business day. Withdrawals are completed via credit or debit cards or bank transfers. After this, the rest must be withdrawn via bank transfer.

This also tends to be the quickest method, taking about business days. FXCM indeed conduct a very convenient way for account opening, so you can set a free practice account , which allows testing the platform and experience account benefits.

Once the account type settled up, you should continue with the fund deposit that will allow starting live trading.

In these terms, FXCM offers a range of funding options that usually process quick and safe transactions, which includes. Further on, when you wish to withdraw funds, you may use the same payment methods.

From the moment you submit and confirm the request to withdraw money from your account the accounting department typically processed and confirm withdrawal within 2 business days.

Nevertheless, allow your payment provider add on some working days to process the transaction as well. Once you decide to withdraw money from you account you obviously should submit an online request and follow with the required procedure.

To make it short you simply should follow the following steps. For the clients, whether one is new in the trading or experienced participant, FXCM brings a variety of powerful software trading platforms that help to achieve a trading goal.

Web Platfrom will be more suitable for regular size traders as usually web versions are less comprehensive in terms of analysis tools, drawing features and other advanced capabilities since platform solely based online and accessible via any browser.

So desktop platforms are available for all offers as well, while Trading Station is often the preferred choice among active traders , however is the product with no matter of experience as it has a clear market vision and friendly interface.

And to include an additional application for news, trends and range traders, apps for new trading features and smooth trading process, EAs and automation, indicators, scripts, Standalone apps and many more.

Fresh trading graduates can count on a company tool support while building your own strong trading strategy. Currency Pairs Total Forex pairs.

Cryptocurrency traded as actual. Cryptocurrency traded as CFD. Virtual Trading Demo. Proprietary Platform. Desktop Platform Windows.

Web Platform. MetaTrader 4 MT4. MetaTrader 5 MT5. Charting - Drawing Tools Total. Charting - Trade From Chart. Watchlists - Total Fields.

Order Type - Trailing Stop. Daily Market Commentary. Forex News Top-Tier Sources. Weekly Webinars. Trading Central Recognia.

Delkos Research. Social Sentiment - Currency Pairs. Economic Calendar. Apple iOS App. Alerts - Basic Fields.

Watch List Syncing.